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HSBC Holdings’ new chief executive officer just unveiled the biggest overhaul of the company in at least a decade, but it was missing some key details for employees and investors. There…
THE following companies saw new developments that may affect trading of their securities on Wednesday (Oct 23): Mapletree Logistics Trust (MLT): The logistics real estate investment…
US BANKS will now have to give customers access to their financial data after the top consumer watchdog finalised a long-awaited rule aimed at fuelling more competition for financial…
US AVIATION regulators released final safety rules for the nascent air taxi industry on Tuesday (Oct 22), crossing a key milestone for companies such as Joby Aviation and Archer Aviation…
ONE person has died and dozens have fallen sick following a severe E. coli outbreak linked to McDonald’s Quarter Pounder hamburgers, the US Centers for Disease Control and Prevention (CDC)…
AMAZON.COM is imposing severe price caps on what merchants can charge for their products on a new low-cost storefront that the e-commerce giant is preparing to launch, the Information…
THE Bank of England needs to improve the ways it is able to track developments in the non-banking system, which is less transparent relative to the banking system, Bank of England governor…
AN OUE subsidiary, OUE Treasury, has proposed to issue S$50 million in green notes due 2029 at a fixed rate of 4 per cent per annum, the property player said on Tuesday (Oct 22). The green…
An uptick in demand for electronics used in vehicles and mobile phones boosted profit for the company 3M Co raised the lower end of its full-year adjusted profit forecast on Tuesday (Oct…
RATINGS agency Moody’s raised its full-year adjusted profit forecast above Wall Street estimates and posted a nearly 31 per cent rise in third-quarter earnings on Tuesday (Oct 22), on…
General Motors continued to defy Wall Street’s expectations this year, posting third-quarter results ahead of analyst projections on the back of steady petrol-engine truck and SUV sales…
ASML Holding chief executive officer Christophe Fouquet expects pressure will grow from the US to further restrict sales of semiconductor technology to China, the biggest market for the…
CHINA’S largest shopping event is underway but most merchants and retail analysts expect flat or at best, tepid sales growth, noting consumers are still very much dispirited by the…
HOLIDAY Inn owner InterContinental Hotels Group (IHG) reported a sharp slowdown in room revenue growth in the third quarter as weak demand in China and a subdued US market overshadowed a…
The French company will also invest US$1 billion to support the US firm’s growth, which will retain its brand and continue to operate autonomously FRENCH investment company Wendel will…
CHINESE autonomous driving firm Horizon Robotics has priced its shares at the top of its range to raise HK$5.4 billion (S$913.4 million) according to a term sheet seen by Reuters, making…
OCBC Investment Research has initiated coverage on PropNex with a “buy” call and a fair value estimate of S$0.91. It anticipates that upcoming project launches in the second half of 2024…
HYUNDAI Motor India shares slipped as much as 2.6 per cent early in their Mumbai debut, a lacklustre start to trading in what has been one of the world’s most vibrant venues for initial…
LOGITECH International raised its full-year outlook after a strong performance and a growth in demand in the second quarter, the computer keyboard and mouse maker said on Tuesday (Oct 22).…
HONEYWELL has signed a deal with Google to connect artificial intelligence (AI) technology with its industrial data, both companies said on Monday (Oct 21), with a view to offer…
PARKWAY Life Real Estate Investment Trust (Parkway Life Reit) is acquiring 11 nursing homes in France for a total consideration of 111.2 million euros (S$159.9 million). The acquisition…
STRIPE co-founder and chief executive officer Patrick Collison confirmed in a X post on Monday (Oct 21) that the payments company plans to buy stablecoin startup Bridge. The deal, first…
SINGAPORE shares began Tuesday (Oct 22) trading in negative territory, extending overnight losses in markets abroad. As at 9.03 am, the Straits Times Index (STI) was down 0.5 per cent or…
WELL-KNOWN consumer electronics giant Dyson is expanding into haircare and beauty products, with its first haircare product line, Chitosan, launched in Singapore in late August. Chitosan…
